11/25/12: Leadership Reading to Start Your Week
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Here are choice articles on hot leadership topics culled from the business schools, the business press and major consulting firms, to start off your work week. I'm pointing you to articles about Don Corleone as a leadership model, wise leadership, innovation in the cloud, Nucor, the demise of Michael Porter's Monitor Group as well as surveys, studies, statistics, and lists.
Leadership
From BCG Perspectives: Don Corleone and the Art of Management
"In 1972,
Francis Ford Coppola’s The Godfather opened in theaters. The movie was nominated
for ten Oscars and won three, including best film. It is still considered a
cinematic masterpiece. Though the movie and the Mario Puzo book it was based on
are often labeled crime stories, their roots run much deeper. 'It’s a study of
power,' Coppola once remarked. In fact, The Godfather is a treatise on the art
of management."
From INSEAD: The Wise Leader
"Smart leaders steer their organisations to
victory, but wise leaders are needed to keep them on top in a dynamic
world."
Stories and Strategies from Real Life
From Forbes: A Cloud Economy Innovation: Apple's iPhone Gets Its Own
Robot
"With production well under way, Motrr was suddenly ambushed. In late
September Apple came out with the new iPhone 5–and turned the developer
community upside down. The familiar 30-pin connector powering every iPhone was
tossed in favor of a sleeker 19-pin version. Guyot had to rethink, retool–and
refund a lot of orders.The Cloud Economy is great–but when you get hit by a bolt
of lightning, all your plans can come tumbling back to Earth."
From Jena McGregor at the Washington Post: Nucor’s CEO is stepping
aside, but its culture likely won’t
"Over the weekend, the Charlotte, N.C.-based steel
company Nucor announced that Daniel DiMicco, its CEO since 2000, will be
succeeded by the company’s president and COO, John Ferriola. DiMicco, who is
credited with increasing sales fivefold at Nucor and overseeing a total
shareholder return of 464 percent during his tenure, will remain as executive
chairman. This run-of-the-mill (pardon the pun) news about a CEO succession
would barely be worth a comment if it weren’t for Nucor’s innovative approach to
managing and leading its employees. Under DiMicco, as well as Ken Iverson, who
ran the company before him, Nucor’s management culture has been unique in U.S
manufacturing. It takes the sort of employee practices to which many companies
give lip service and embraces them fully."
For some more on Nucor, read a recent Industry Week interview with Dan DiMicco and part of the company's own site devoted to how Nucor is an innovation leader without and R & D department.
The Bankruptcy of Michael Porter's Monitor Group
From the Boston Globe: Monitor Group files for court’s protection
"Monitor
Group, a Cambridge consulting firm founded by Harvard Business School professor
Michael E. Porter that rose to prominence in the 1980s, filed for bankruptcy
protection Wednesday as part of a deal to be acquired by Deloitte
Consulting."
From the Economist: Monitor's end
"While it is true that Monitor, a
consulting firm based in Cambridge, Massachusetts, once had a sparkling
reputation, on November 7th, it declared it can no longer pay the bills and
sought bankruptcy protection. Failing a higher bid at auction, Monitor will be
bought by Deloitte, an enormous professional-services firm, for just $116m, a
figure subject to future reductions as Monitor sorts out its finances."
From Steve Denning at Forbes: What Killed Michael Porter's Monitor
Group? The One Force That Really Matters
"What killed the Monitor Group, the consulting
firm co-founded by the legendary business guru, Michael Porter? In November
2012, Monitor was unable to pay its bills and was forced to file for bankruptcy
protection. Why didn’t the highly paid consultants of Monitor use Porter’s
famous five-force analysis to save themselves?"
Surveys and Studies and Statistics and Lists
From Fortune: 25 Best Global Companies to Work For
From the Guardian: Armed forces leaders are the best at managing change, study shows
From Tyler Cowen: My favorite non-fiction books of 2012
From John Sumser: More Than Five Links: Gamification
Studying individual leaders is a great way to learn about leadership. That's why my weekly post points you to posts by or about individual leaders. Last week I pointed you to posts by and about Jeff Bezos, Seth Besmertnik, Marillyn A. Hewson, Michelle V. Stacy, Mark Cohon, and Reggie Fils-Aime.
If you enjoyed this post, you may want to check back on Wednesday when I select five excellent posts from the week's independent business blogs. Last week I highlighted posts on using praise, what collaborative leaders know, the Achilles' heel of every great leader, small management risks that pay off, and five leadership secrets to being a successful CEO.
"Return on Failure " was a popular post on my blog last week.
If you want to get a book done, improve your blog posts, or make your web copy more productive, please check out my blog about business writing. My coaching calendar for authors and blog writers currently has time open. Please contact me if you're interested.
If you're a boss, you should check out my Working Supervisor's Support Kit.
Wally's Working Supervisor's Support Kit is a collection of information and tools to help working supervisors do a better job. It's based on what Wally's learned in over twenty years of supervisory skills training. Click here to check it out.




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